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MP Materials Stock Surges On Report Of US Government Funding For Rare Earths
Thursday, June 12, 2025 - 4:28pm | 522Shares of MP Materials Corp (NYSE:MP) are trading sharply higher late Thursday following a report from Bloomberg that the Trump administration is considering using Cold War-era powers to bolster the domestic supply of rare earth elements. As the sole domestic producer, MP Materials is seen as a...
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Kore Potash Secures $2.2 Billion Term Sheet For Project In Republic of Congo
Wednesday, June 11, 2025 - 6:36am | 478United Kingdom-based potash developer Kore Potash has signed a non-binding term sheet agreement with Swiss investment platform OWI-RAMS to secure $2.2 billion in financing for its flagship Kola Project in the Republic of Congo (Congo-Brazzaville). The agreement is a dual-structured funding package...
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Platinum's Technicals Show More Upside, As Valterra Makes A Strong Debut
Tuesday, June 10, 2025 - 5:29pm | 606Platinum prices surged to their highest point in four years, reaching $1,226 per ounce on Tuesday, following substantial gains throughout the second quarter. A sharp market squeeze, driven by a lack of physical supply and growing investor demand for precious metals, is fueling the gains. "It's...
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Global Gold Supply To Grow 1% In 2025, Report Shows
Saturday, June 7, 2025 - 2:31pm | 541Global gold supply is expected to grow by 1% in 2025, according to Metal Focus. The precious metals consultancy is expecting this growth from fresh gains in mine production. The annual publication, which provides comprehensive data and forecasts for the gold market, notes the complex environment...
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Silver Tops $36, Triggering A Generational Technical Breakout
Friday, June 6, 2025 - 12:46pm | 715Silver surged above $36 per ounce, reaching the highest level since February 2012. Since the beginning of the week, the metal has gained over 8.5%, sparking broad interest from investors who seek exposure to its industrial demand and safe-haven potential. "After lagging behind gold for several...
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Rio Tinto Opens $2B Pilbara Iron Ore Mine With China's Baowu
Friday, June 6, 2025 - 11:18am | 463Rio Tinto Plc (NYSE:RIO) disclosed on Thursday that it has officially inaugurated its newest iron ore mine, Western Range. The Western Range is one of several replacement projects, collectively boasting an annual capacity of approximately 130 million tonnes. The mine is designed to produce up to 25...
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Anglo Nears De Beers Sale As Three Potential Buyers Emerge
Friday, June 6, 2025 - 8:54am | 628Anglo American (OTCQX:AAUKD) is nearing the start of a formal sales process for its diamond unit, De Beers. The firm has owned the brand since 2011, but a comprehensive restructuring following a failed $49 billion bid from BHP last year has led the firm to focus on other commodities. According to...
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Abu Dhabi's IRH Buys Majority Stake In Alphamin's Tin Operations In $366 Million Deal
Thursday, June 5, 2025 - 7:06am | 550Abu Dhabi's state-backed International Resources Holding (IRH) has acquired a 56% stake in Alphamin Resources (OTCPK: AFMJF) for CA$503 million ($366 million) from private equity firm Denham Capital. The transaction gives IRH control over one of the world's highest-grade tin mines, the Bisie...
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EXCLUSIVE: Gold's 27% YTD Rally Is Supercharging Miners — But There's A Big 'If'
Tuesday, June 3, 2025 - 1:35pm | 464Gold prices have been climbing, rallying over 27% year-to-date. And, if history is any guide, investors might be eyeing gold miners as a way to turbocharge their returns. But hold that thought, says Oktay Kavrak, director of communication and strategy at Leverage Shares. "A gold rally can...
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Third Delay In Mali Court Battle Over Barrick's Gold Complex
Tuesday, June 3, 2025 - 9:27am | 556A Malian court has again postponed a hearing on whether to place Barrick Mining's (NYSE:B) Loulo-Gounkoto complex under provisional administration. The decision was the third adjournment in the long dispute between the Canadian mining leader and the military-led government of Mali. According to...
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Panama Approves Cobre Panama Copper Export Plan, But Mine Remains Shut
Monday, June 2, 2025 - 8:16am | 526Panama has approved a maintenance plan for First Quantum Minerals’ (OTCPK: FQVLF) Cobre Panama copper mine, which was shut down in 2023 following mass protests and a constitutional court ruling. However, officials clarified that approving the maintenance does not mean reopening the site,...
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Energy Goals Are Impossible Without Copper Price Surge, Study Shows
Friday, May 30, 2025 - 4:35pm | 725A new study from the Society of Economic Geologists (SEG) warns that copper prices will need to more than double if the world is to produce enough of the metal to support the global energy transition. The research paper by Cathles, Simon and Wood reveals that current and anticipated copper...
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Glencore's Restructuring Sets Stage For Mining Mega-Merger
Friday, May 30, 2025 - 8:55am | 526Glencore (OTCPK: GLCNF) has shifted nearly $22 billion in foreign assets into its Australian subsidiary, Glencore Investment Pty Ltd, effectively doubling its holdings to $42 billion. With this move, management consolidated key assets, including coal mines in Canada, South Africa, and Colombia; the...
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World's Largest Platinum Miner Debuts Into Tight Supply, Soaring Prices
Wednesday, May 28, 2025 - 4:29pm | 553Valterra Platinum (OTCPK: AGPPF) made its trading debut on the Johannesburg Stock Exchange today, officially separating from Anglo American (OTCQX:AAUKF). The company, formerly Anglo American Platinum, is now a standalone entity and the world's largest platinum miner by value. "Part of our DNA is...
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Uranium Stocks Hit 17-Year Highs As May's Rally Marks Best Month On Record
Wednesday, May 28, 2025 - 12:14pm | 825A group of stocks tied to uranium mining and nuclear energy surged to levels not seen since mid-2008, capping off an extraordinary rally in May that is repositioning nuclear power at the center of both the global energy transition and investor portfolios. The VanEck Uranium and Nuclear ETF (NYSE:...